it was a very good night for governor jerry brown and a very bad night for california republicans. for the first time in almost 80 years, one party has as absolute stranglehold on the lecture. phil matier explains what that means for california's budget and yours. phil. >> reporter: basically what it means, dana, is that democrats are ruling the roost in the capital. here's what the first moves are. >> we're not going to see the 5 1/2 billion dollars of cutbacks to k through 12. >> reporter: educators however say there's still more to be done. >> it wasn't about piling a bunch of new money on schools saying we are going to make all these new investments. it was about stopping the cuts. >> reporter: let's not forget the state still faces a $3 2 billion wall of debt from past borrowing. >> we have to make sure over the next few years that we pay our bills, we invest in the right programs, but we don't go in spending like we did in the days le